Question to the Department for Transport:
To ask the Secretary of State for Transport, whether the InterCity East Coast Franchise Agreement contains a quantified description of the planned future structure and approach to determining the level of unregulated fares.
There are no requirements relating to unregulated fares contained within the new InterCity East Coast franchise agreement. However, Inter City Railways Limited have committed to reducing standard anytime fares, which are regulated, by 10% from May 2015.